Tag Archives: visual charting

When a High Reward – Risk Setup Is Actually Just High Risk

Visual charting is plagued by confirmation bias and ambiguous  reward-risk. Traders need more objective ways of identifying setups and calculating reward-risk than visual analysis of charts, which rarely works.

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S&P 500/VIX Correlation And The Perils Of Visual Charting

Another indicator of market tops surfaced yesterday: When the 10-day correlation between the S&P 500 and VIX is positive, then this indicates a price top. The problem is that this does not work in practice unless one is just a … Continue reading

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